Bericht

The Safe Asset Controversy: Policy Implications after the Crisis

Safe assets are the lubricant of the financial system. They serve as a store of value, to meet regulatory requirements, and as a pricing benchmark. Some researchers identify a severe and chronic global safe asset shortage; others disagree, while empirical evidence remains ambiguous. In the post-Lehman world, the availability of safe assets entails new policy challenges. While still a potential source for global imbalances, the debate today stretches further to implications for financial stability and economic policy effectiveness.

Language
Englisch

Bibliographic citation
Series: DIW Roundup: Politik im Fokus ; No. 3

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Steffen, Christoph Große
Event
Veröffentlichung
(who)
Deutsches Institut für Wirtschaftsforschung (DIW)
(where)
Berlin
(when)
2014

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Steffen, Christoph Große
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

  • 2014

Other Objects (12)